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Gold/Mining/Energy : Canuc Resources Inc.

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To: Joseph C. Goldenberg who wrote (100)5/7/1997 10:38:00 PM
From: Winzer   of 176
 
This is Scary Stuff. I Know/Remember This 5% Story, This Is What Is Scary.

I was only counting the "proven" stuff. You don't have to drill it, the drifts are the exploration holes. That's all I would "bet" on at this "post-Bre-X" stage, there are formulas to factor in the 90% but I think just the pillar recovery by open pit would be significant in itself. A real mine maker. I guess the "Co-op" talked to many others but "liked" Canuc the best. The fact that they dropped Plumas and Leadville that fast suggests that once this property is the real thing. I hear $10 do I hear $20? Sound's like Arequipa all over again!

Cheers WInzer
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